Business and Society Review 110:1 59– 76 Applying the Agency and Stakeholder Theories to the Enron Debacle: An Ethical Perspective Blackwell Oxford‚ Business BASR © 0045-3609 O 1 110 BUSINESS CULPAN riginal 2004 Center UK Article and and Publishing‚ and TRUSSEL Society for SOCIETY Business Ltd. Review REVIEW Ethics at Bentley College REFIK CULPAN AND JOHN TRUSSEL INTRODUCTION W e examine the infamous Enron debacle from an ethical perspective by defining its theoretical underpinnings and analyzing
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Philips Electronics “Stakeholders (or interest groups) are tangible‚ visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.” INTERNAL STAKEHOLDERS Employees Philips employees work in different divisions: Healthcare‚ Lighting‚ Consumer Lifestyle and Innovation & Emerging Businesses. Within these divisions‚ you can have a general leadership position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s
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Strategic Management International Strategy Stakeholders Lecture 9 Mark Anderson International Strategy • • • • Internationalisation Drivers International Corporate Level Strategy International Market Selection International Modes of Entry Internationalisation Yip: Drivers of Internationalisation G. Yip (2003) Total Global Strategy International Corporate Level Strategy International Competitive Advantage • Adaptation v standardisation? – Should all products be the same - global? (Levitt)
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South African state‚ as it developed under Smuts and his post 1948 successors can be considered a developmental state‚ this essay will consider two things. Firstly it will consider what is meant by a developmental state and what a developmental state consists of‚ and secondly it will consider the state of South Africa from 1948 onward‚ as developed under Smuts and other successors. Lastly this essay will discuss what legacy this left for a post-apartheid government. Developmental states initially
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operate for the benefit of society as a whole. Stakeholders typically include investors‚ managers and employees‚ customers‚ suppliers and other business partners‚ and local communities. Corporate governance is also enhanced by Regulatory and supervisory agencies‚ civil activists‚ and the media. Employees’ roles in corporate governance vary. Employees may me consulted on certain management decisions. Board members are expected to consider stakeholder interests while employees have the right to nominate
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facing”‚ near and personal contact with customers (example: personal letter and so on) Improve of security because of comparing data in real-time with help of the system‚ helped FBI with searching after possible terrorists. It also helps to track people who try to track the system. Be almost always on time because
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Case 4.1: Stakeholders and the One Industry Town‚ questions #1-3 1. Identify the stakeholders that influence and/or that are influenced by the company’s decision. The appropriate identification of stakeholders is very important to business corporations as one approach to understanding the environment in which they operate. According to this case‚ there are insufficient eligible workers in the immediate area and workers would have to be attracted from other communities. Employees want to
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Murray Law‚ Ethics‚ & Corp. Governance Dr. Boneita Campbell Strayer University 2-19-2015 Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization (businessdictionary). Generally the common characteristics stakeholders might have are if they stand to gain or lose through the success or failure of the company. “A corporate stakeholder can affect the actions of a business as a whole” (businessdictionary). PharmaCARE is a well-reputed company
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Analysis of a Stakeholder The Stakeholder in which I decided to research and write about is the AMA or to some it may be known as the American Medical Association. This association’s mission is to better public health and promote the art and science of medicine. The AMA was founded in 1847 by a man by the name of Nathan Smith Davis. The group has since invested in the doctor and patient relationship and has promoted scientific advancement as well as improved public health. Mr. Davis was the
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Lack of coordination among stake holders: Project stakeholders are the persons‚ group or organizations that have an interest in the project. Project stakeholders may be categorized by the question: “Is this stakeholder actively engaged‚ or just affected by the project?” The answer to this question will determine the level of interest and amount of contribution that the stakeholder has in the project. For example‚ an engaged stakeholder would be the project sponsor - as they have the ultimate authority
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